Conversations from the Mirror42 Team

COBIT 4.0 has been released. COBIT 4.0 marks the first major update of the COBIT core content since the release of COBIT 3rd Edition in 2000.

“It is dismaying to see that not a lot of progress has been made in managing IT to serve core business needs; our research shows that spreadsheets remain the most common tool used for managing IT organizations. Yet it’s a heartening sign that CFOs are getting engaged in IT, assessing investments to ensure that capital is managed properly. Their actions can help businesses realize the long-promised potential of technology and, through working with their CIOs, can lead to a win-win business and IT partnership.”

CFOs now appear to be more involved in IT investments. Read more in this article.

Just as a captain charts each point of a long voyage to ensure efficient and safe passage, executives use business strategy to map their current business and to define new growth and revenue opportunities. What direction should a company take to ensure that it meets its corporate objectives? How can executives determine which initiatives require the most attention? Is there an effective way to select the investments that will bring the greatest returns?

Interesting article regarding business and IT alignment.